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business3h ago
Santoli's Monday market wrap-up: Stocks struggle with a mild hangover after five-day buying binge
- U.S. stocks pulled back after a brief Monday rally as investors turned cautious.
- Main indices slipped, signaling a pause after earlier gains in the session.
- Investors remained cautious ahead of upcoming data and corporate updates.
- Analysts described a ‘mild hangover’ from recent gains affecting trading sentiment.
- The session underscored a cautious mood rather than a dramatic downturn.
- Market participants expect further volatility as data and earnings loom.
- Technology and energy sectors showed mixed performance in the retreat.
- Analysts noted the market’s resilience despite the pause in gains.
- Traders eyed potential catalysts that could re-ignite momentum later in the week.
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